Price for Mollusc Preparations; Octopus, Prepared or Preserved in Finland - 2023

Contents:

  1. Price for Mollusc Preparations; Octopus, Prepared or Preserved in Finland (CIF) - 2022
  2. Price for Mollusc Preparations; Octopus, Prepared or Preserved in Finland (FOB) - 2022
  3. Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Finland
  4. Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Finland

Price for Mollusc Preparations; Octopus, Prepared or Preserved in Finland (CIF) - 2022

The average import price for mollusc preparations; octopus, prepared or preserveds stood at $24,286 per ton in 2022, with an increase of 34% against the previous year. In general, the import price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 92% against the previous year. Over the period under review, average import prices reached the peak figure at $38,583 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($31,167 per ton), while the price for Italy ($12,252 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+155.2%), while the prices for the other major suppliers experienced a decline.

Price for Mollusc Preparations; Octopus, Prepared or Preserved in Finland (FOB) - 2022

In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $18,000 per ton, surging by 50% against the previous year. In general, the export price enjoyed resilient growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 202%. As a result, the export price attained the peak level of $23,185 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +1.0% per year.

Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Finland

Imports of mollusc preparations; octopus, prepared or preserveds into Finland skyrocketed to 7.2 tons in 2022, growing by 27% on the year before. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, imports of mollusc preparations; octopus, prepared or preserveds surged to $175K in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Mollusc Preparations; Octopus, Prepared or Preserved in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.3N/AN/A160711.0%
ItalyN/AN/A3.612.4244.4%
SwedenN/A0.31.12.1164.6%
Netherlands55.934.542.50.4-80.7%
GermanyN/A9.00.7N/A-92.2%
Vietnam3.648.850.7N/A275.3%
DenmarkN/AN/A4.0N/A0%
Others8.3N/AN/AN/A0%
Total68.092.610317537.0%

Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Finland in 2022:

  1. China (6.0 tons)
  2. Italy (1.0 tons)
  3. Sweden (0.2 tons)

Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Finland

After two years of decline, shipments abroad of mollusc preparations; octopus, prepared or preserveds increased by 229% to 23 kg in 2022. Overall, exports, however, recorded a sharp setback.

In value terms, exports of mollusc preparations; octopus, prepared or preserveds soared to $414 in 2022. In general, exports, however, saw a sharp shrinkage.

Export of Mollusc Preparations; Octopus, Prepared or Preserved in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.20.10.10.426.0%
Portugal13.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total13.20.10.10.4-68.8%

Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Finland in 2022:

  1. Netherlands (23.0 kg)

Source: IndexBox Market Intelligence Platform

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